According to the Truth in Lending Act, which of the following is the bank NOT obligated to inform you of?
Answer: Out of all the options presented above the one that represents what banks are not obligated to inform you of is answer choice B) Interest calculating method. The reason being that the TILA does not tell financial institutions how much interest they may charge or whether they must grant a consumer a loan.
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Answer:
The ripple effect means that the economic benefits generated by the construction of the project and the hiring of construction workers will expand to other industries and areas of the local and regional economy (it also affects positively the national economy but in a very small way). For example, construction workers use their salaries to purchase goods and those goods are provided by other industries.
You can get other better paying high rated jobs such as a sales associate,personal banker,or a sales manager and much more
Answer:
c) $10 per pound
Explanation:
Differential cost is the cost difference of one plan when compared to another. it is the difference in cost between 2 alternative decision.
The product x has a cost of $ 15 per pound . The company later modified product X to produce product Y. The additional cost for product Y after modification of X is $ 10. The cost of producing product Y is 15 + 10 = $ 25.
The differential cost of producing product Y is the difference of the cost of producing product Y and product X. it can be computed as 25 - 15 = $ 10 per pound .